Tag Archives: pricing

Secrets to Setting Competitive Prices

Posted on March 24, 2013 by bermanevansretail

It’s pretty hard for a retail firm to be successful if it (a) does not know what prices its competitors are offering and (b) it does not have a pricing strategy that reflects the competitive marketplace — whomever the retailer … Continue reading →

Posted in Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer | Tagged , , , , , , , , | Leave a comment

Barcodes Come to Smartphones

Posted on March 21, 2013 by bermanevansretail

Until now, smartphones have not been able to accurately read product barcodes. This is about to change with the introduction of the Samsung Galaxy S4 in April 2013. According to James Wester, writing for selfserviceworld.com: “As expected, the S4 will be … Continue reading →

Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Technology in Retailing | Tagged , , , , , , , , , , , , , | Leave a comment

NYC Beverage Law Update

Posted on March 11, 2013 by bermanevansretail

As we blogged earlier today, a new beverage law for New York City was scheduled to go into effect tomorrow. But, at the last minute, a NY State Supreme Court Judge put a hold on the law. According to Michael … Continue reading →

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer | Tagged , , , , , , , , , , , , | Leave a comment